Thursday, January 3, 2013

e-TDS :- Rate, Threshold for Financial Year 2012-13

Tds rates, threshold limits, % of Tds in case PAN is invalid or PAN not available for the financial Year 2012-13 for Assessment Year 2013-14 are given below :-

Financial Year 2012-13

Nature of
Payment Made To Residents

Threshold

(Rs.)

Company /
Firm / Co-operative Society / Local Authority

Individual
/ HUF

If No /
Invalid PAN

Section -
Description

Rate (%)

Rate

(%)

Rate (%)

192 - Salaries

-

NA

Average rates as applicable

30

193 - Interest on securities

-

10

10

20

194 - Dividends

-

10

10

20

194A - Interest other than interest
on securities - Others

5000

10

10

20

194A - Banks

10000

10

10

20

194B - Winning from Lotteries

10000

30

30

30

194BB - Winnings from Horse Race

5000

30

30

30

194C - Payment to Contractors

30000

2

1

20

Payment to Contractors - Single
Transaction

-

-

-

20

Payment to Contractors - Aggregate
During FY

-

-

-

20

194C - Pay to Adv / Sub Contr

30000

2

1

20

194D - Insurance Commission

20000

10

10

20

194E - Payment to Non-Resident
Sportsmen or Sports Association

-

-

-

-

- Applicable up to June 30, 2012

-

10

10

20

- Applicable from July 1, 2012

-

20

20

20

194EE - Payments out of deposits
under NSS

2500

20

-

20

194F - Repurchase Units by MFs

1000

20

20

20

194G - Commission - Lottery

1000

10

10

20

194H - Commission / Brokerage

5000

10

10

20

194I - Rent - Land and Building

180000

10

10

20

194I - Rent - Plant / Machinery

180000

2

2

20

194J - Professional Fees

30000

10

10

20

194LA - Immovable Property

100000

10

10

20

194LB - Income by way of interest
from infrastructure debt fund (non-resident)

-

5

5

20

Sec 194 LC - Income by way of
interest by an Indian specified company to a non-resident / foreign company
on foreign currency approved loan / long-term infrastructure bonds from
outside India (applicable from July 1, 2012)

-

5

5

20

195 - Other Sums

-

Average rates as applicable

-

30

196B - Income from units

10

10

20

196C-Income from foreign currency
bonds or GDR (including long-term capital gains on transfer of such bonds)
(not being dividend)